Background

Mr. William Edward Macaulay, also known as Bill, serves as the Co-Chief Executive Officer and Chairman of First Reserve Corporation and First Reserve Fund XII, L.P. Mr. Macaulay is responsible for supervision of all aspects of First Reserve Corporation's investment program and strategy, as well as overall management of First Reserve. He has been with First Reserve Corporation since its founding in 1983 and served as its Chief Executive Officer. From 1972 to 1982, he ... served with Oppenheimer & Co. Inc. as Director of Corporate Finance with responsibility for investing Oppenheimer’s capital in private equity transactions. At Oppenheimer, he also served as a General Partner of Oppenheimer & Co. Inc., as well as President of Oppenheimer Energy Corporation. Mr. Macaulay was a co-founder of Meridien Capital Company. He was the founder and largest stockholder of Peppermill Oil Company. He has been the Chairman of CHC Helicopter S.A. since October 24, 2013. Mr. Macaulay served as the Chairman at Dresser-Rand Group Inc., from October 2004 to June 30, 2015. Mr. Macaulay served as the Chairman of CHC Group Ltd. from October 24, 2013 to October 2014 and as its Director from September 12, 2013 to October 2014. He served as the Chairman of The Rogosin Institute Inc. until March 2013 and Dresser, Inc. until May 1, 2004. He served as the Chairman of Foundation Coal Holdings Inc. from 2004 to April 1, 2006. He served as the Chairman of Pride International Inc. since June 16, 2003. He served as Vice Chairman of Enterra Corp. since August 1994. He serves as a Director at Dreco Energy Services ULC. He has been a Director of National-Oilwell at Dreco Energy Services ULC since January 1996 and CHC Helicopter S.A. since 2012. He has been an Independent Director of Weatherford International plc since 1998. He has been an Independent Non-Executive Director at Glencore Plc (formerly, Glencore International plc) since April 14, 2011. He serves as a Director of Weatherford International, Inc. He is Chairman of the Business Leadership Council of the City University of New York. He served as a Director of Foundation Coal Corporation, Grant Prideco, Inc., Maverick Tube Corporation and TransMontaigne LLC. He was member of the Executive Board of Wharton School of the University of Pennsylvania. He served as a Director of Alpha Natural Resources, Inc. from November 2004 to January 19, 2006 and Dresser, Inc. since April, 2001. Mr. Macaulay served as a Director of Dresser-Rand Group Inc., until June 30, 2015. Mr. Macaulay served as a Director of Hugoton Energy Corp. since 1995, Superior Energy Services, Inc. since July 1999, Domain Energy Corporation since March 1997, National Oilwell Varco, Inc. since January 1996 and Weatherford Enterra, Inc. since October 5, 1995. He served as a Director of Pride International Inc. since July 1999. He served as a Member of the Supervisory Board at Chicago Bridge & Iron Company N.V. He received a Honorary Doctor of Humane Letters (DHL) from Baruch College. Mr. Macaulay holds an M.B.A. from the Wharton School of the University of Pennsylvania and a B.B.A., magna cum laude, in Economics from City College of New York.

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